LNG

Marathon Oil Corp., the shareholder in Equatorial Guinea LNG in West Africa, has completed the acquisition of private equity-backed firm Ensign Natural Resources for $3 billion in cash to almost double its position in the Eagle Ford shale basin of South Texas.

Marathon Oil Corp., the shareholder in Equatorial Guinea LNG in West Africa, has agreed to acquire natural gas assets in the US from private equity-backed firm Ensign Natural Resources for $3 billion in cash to almost double its position in the Eagle Ford shale basin of South Texas.